Indian Oil to set up Rs 4,200-cr ethylene glycol factory in Paradip

Indian Oil to set up Rs 4,200-cr ethylene glycol factory in Paradip

2018-04-27T17:23:34+00:00 On

Indian Oil Corporation said it will set up a unit at its Paradip refinery to manufacture the main ingredient used in the production of polyester. The plant to manufacture ethylene glycol will be set up in Paradip in Odisha at a cost…

RIL says tax tribunal satisfied with Biometrix deal

RIL says tax tribunal satisfied with Biometrix deal

2018-04-23T11:34:27+00:00 On

Reliance Industries said it was not aware of any inquiry into the funds received by entities connected with it or its promoters from Singapore-based Biometrix Marketing. It also said, as far as it was aware, that the Income Tax Appellate Tribunal “was…

Indian Oil books 60% of Adani’s LNG terminal capacity at Dhamra

Indian Oil books 60% of Adani’s LNG terminal capacity at Dhamra

2018-04-16T17:59:26+00:00 On

Adani Ports and Special Economic Zone said it signed a long term agreement with Indian Oil Corporation (IOC) to provide Liquefied Natural Gas (LNG) regasification services on a use-or-pay basis at its upcoming LNG import terminal at Dhamra in Odisha. As per…

BHEL gets Rs 137 cr order from NTPC for pollution retrofit

BHEL gets Rs 137 cr order from NTPC for pollution retrofit

2018-04-16T12:51:17+00:00 On

Government-controlled infrastructure equipment maker Bharat Heavy Electricals Limited (BHEL) said it has been awarded a Rs 137 cr renovation and modernisation order for a pollution control system at NTPC Ltd’s Ramagundam Super Thermal Power Station. The order is for the modernization of the…

BHEL wins its largest solar contract at 75 MW

BHEL wins its largest solar contract at 75 MW

2018-03-26T11:34:26+00:00 On

Industrial equipment maker Bharat Heavy Electricals Ltd said it won its biggest ever solar power plant contract to set up a 75 megawatt farm in Gujarat. The order from Gujarat Industries Power Company Limited (GIPCL) was won against “stiff competitive bidding,” the…

JSW Energy appoints GM executive to head its electric vehicle unit

JSW Energy appoints GM executive to head its electric vehicle unit

2018-03-23T16:44:53+00:00 On

Power generation company JSW Energy Ltd said it has appointed auto industry veteran Sergio Luiz Pegoraro Rocha of Brazil to head its upcoming electric vehicle unit. In his previous stint, he was President, CEO and Chairman of GM Korea (General Motors, Korea),…

82% of landowners accept compensation for Jaitapur Nuclear Power Plant

82% of landowners accept compensation for Jaitapur Nuclear Power Plant

2018-03-21T17:49:33+00:00 On

Around 82.5% of the landowners at the site of the upcoming Jaitapur Nuclear Power Plant in Maharashtra have agreed to receive compensation under the project, the ministry of atomic energy said today. Out of 2,236 people whose land needs to be acquired…

Tata Power offers ‘Gorilla’ BLDC fans at 50% discount in tie-up with IIT start-up

Tata Power offers ‘Gorilla’ BLDC fans at 50% discount in tie-up with IIT start-up

2018-03-19T16:18:33+00:00 On

Tata Power, which supplies power to much of Mumbai, is offering a 50% subsidy to its customers who want to buy a BLDC or ultra-low power fan. Instead of Rs 3,500 per unit, customers will be able to get four units of…